In this corner, we readily understood that he only meant to insult us so that we would not vote with his party.
On the other hand, the hon. member for Niagara Falls (Miss LaMarsh) took it upon herself to try to put our conscience at ease and urge us to vote with the socialists.
She quoted an item from the Ottawa newspaper Le Droit which reported a statement made by a Catholic bishop, and that, just after she had dwelled upon socialist planning. This was intended to have us believe that the bishop recommended socialism. I daresay that we have our own guides in this matter and, to quote but one "Quadragesimo Anno", where his holiness Pope Pius XII stated, under the heading "Changes in Socialism" the following:
Catholic and socialist are contradictory terms:
If, like all errors, socialism contains a certain element of truth, it is nevertheless founded upon a doctrine of human society peculiarly its own, which is opposed to true Christianity. "Religious socialism", "Christian socialism" are expressions implying a contradiction in terms. No one can be at the same time a sincere Catholic and a true socialist.
Before I conclude, I should like to come back to the famous phrase "funny money" and give you a definition of it. Talking about
Ways and Means
funny money, I must say that I see on my right, in this house, funny members who do not seem to know what funny money is. I know that coming from me a definition would not give them satisfaction, so I took the trouble of finding one which is not my own but was given by a citizen of Toronto in a Toronto newspaper. Here it is:
Aside from gold, Krug turns his attention to the nations that favour other forms of money, such as silver, copper, nickel, zinc, aluminum or iron.
Such nations, he says, issue notes, either directly or through their central banks. Unless it is backed by gold, such money is usually referred to as printing press money, fiat money or funny money. Whether the notes or currencies are designated francs, lire, drachmas, pesetas, rubles or dollars, they are simply names representing a certain weight of gold for international use. When gold disappears the currency becomes unsound, unstable and destined to lose value in terms of the rural money. Gold is the final measuring rod by which the various commodities and currencies are compared and exchanged.
And the strangest thing of all is that "funny money" is supposed to be money not guaranteed by gold.
Now in reply to a question asked by a member of our group, we were told that at present there was no gold to guarantee our money. Hence it is true that the money we have at present is "funny money".
Who gave us "funny money"? One thing is certain, it was precisely those who talk about "funny money" today, that is, since 1940, when the Liberals were in power and passed legislation to abolish the obligation to guarantee money with gold. We have had "funny money" ever since. There is no need to look elsewhere.
There is another short article that the government could usefully hear. The same Mr. Krug says:
Mr. Krug says the financing of federal deficits is easily accomplished because the money system, for domestic purposes, is no longer fully tied to gold. Today a dollar, for domestic use, is merely an engraved piece of paper which the government or its controlled central bank has the exclusive right to print. It is a promise to pay nothing.
Mr. Chairman, I am just a white collar worker, if you want to call me that, but as I wish to be of service to my country, to my province and to my riding, I dare give the government the following warning: an economic system which, after 100 years of operation, leaves a federal government over
Ways and Means
its head in debts, provincial governments, local governments, school boards covered with debts, an economic system which operates properly only in wartime, such a system is obsolete, unsuitable, inadequate and, as was advocated, that you have nothing to lose by replacing it as soon as possible.
The sooner the government decides to act upon our suggestion, the better it will be for them, the country and for each and every citizen.
On the other hand, I should like to say here something very personal which I have never discussed with members of my party but, before doing so, I should like to make it clear that this is only a personal opinion.
In all sincerity, I want to warn the English speaking press in Canada that it should not ignore the existence of a separatist movement in Quebec at the present time. True, that movement may not yet threaten national unity and our group has no separatist tendencies, for the time being.
However, if Canadian newspapers in the English language persist in turning into ridicule and most shamefully misrepresenting we Social Credit members as a backward group, if they keep on lying to the people about Social Credit and denying us the right of having our doctrine and our actions interpreted faithfully, our country will greatly suffer from it. In so doing, the press will stir up strife between people of both cultures and cause our group to become separatist. When we lose this hope of being understood by all Canadians some day, a hope which guides us today, it will then be very easy to go through the province of Quebec, preaching and practising separatism and establishing Social Credit, which will enable us to give Quebeckers what we want for all Canadians.
As far as I am concerned, my patience is coming to an end and if, within a few months, I see no improvement in this disparaging campaign by English speaking newspapers, I shall be the one to make that proposition to my party.
Mr. Chairman, before concluding my speech I should like to make once again, but in a different way, a proposition I made to the government.
Last week end we were on the brink of war. And I ask the government: if war had actually been declared would the government have found the money required to carry on?
Undoubtedly, we would have found the money for our defence, it is sure that we would have taken the necessary steps for the protection of our country, our way of life and our freedom.
Now, is it not just as important to defend our families and our children and prevent them from dying of hunger in a country of plenty. In closing, I ask the government to act as soon as possible in order to cure this disease of our civilization which pretends to be refined and progressive, while it lets unemployment plague the country.
Topic: WAYS AND MEANS
Subtopic: INCOME TAX ACT